New rules for regulation of crypto exchanges

New rules for regulation of crypto exchanges

Women in Afghanistan will use ETH, the Binance's account is hacked, Binance will allow fiat-crypto trading, The Moscow Exchange is preparing for ICOs, South Korea announced new regulation rules, Tron bought BitTorrent, Apple is against mining, Tezos will have fork before launch.

ETH

136.90 USD
-0.76%

TRX

0.02356 USD
-1.56%

XTZ

0.6713 USD
-7.05%

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Binance Changes Launchpad Token Sale Format to Lottery

Binance Changes Launchpad Token Sale Format to Lottery Leading cryptocurrency exchange Binance announced major changes to the format of its Launchpad token sale in a post on its blog published on March 24. Per the announcement, the company “will use a new lottery format for the next project on Binance Launchpad.” Previously, the system functioned […] Cet article Binance Changes Launchpad Token Sale Format to Lottery est apparu en premier sur Bitcoin Central.
Bitcoin Central

Bitcoins’ (BTC) Sudden Movement Suggests a Dump, But ETH, EOS, LTC, BCH And BNB Takes Lead for Altseason

The market apprehension for a movement in Bitcoin price grows by each passing day. It might be an indication of accumulation in Bitcoin. However, some technical indicators also suggest a downward motion. The bearish engulfing channel on 21st March with a break-down from the uptrend indicate bearish momentum for Bitcoin. The price of Bitcoin (BTC) at 13 00 UTC on 24 March 2019 is trading at $4027. The price on a weekly scale reflects no movement. However, there was a dump on 21st March from which the market has recovered. Nevertheless, $3850 on the downside and $4150 on the upside remains the primary support and resistance level respectively. On the Fundamental front, traders are awaiting the Mt. Gox credit date. It is estimated that about $600 million in cryptocurrencies and FIAT will be reimbursed to the victims of the hack in 2014. Hence, the market is unsure whether it will result is a spike or a downtrend. The Bitcoin ETF proposal which is expected to increase the demand for Bitcoin as an asset is also pending eternally with the US SEC with no confirmed deadline. Ethereum and EOS Continues to Consolidate Ethereum which was under bearish pressure since June in 2019, looks to break above the 50,100 and 200-Day Moving Average. The three Moving Average lines are coinciding with each other on the 1-day chart of ETH/BTC. Ethereum has stayed stable over the week near the $140 mark in the range of $3. The price of Ether (ETH) at 13 00 UTC on 24 March 2019 is trading at $137.5. ETH/BTC 1D Chart on Bittrex EOS which was recently ranked above Ethereum in a Chinese Survey has continued to maintain a stable position at number five w.r.t to total market capitalization. The price of EOS at 13 00 UTC on 24 March 2019 is trading at $3.65. It is trading 3.5% lower on a weekly scale. Litecoin (LTC) and Bitcoin Cash (BCH) Price Movements The price of Litecoin (LTC) at 13 00 UTC on 24 March 2019 is trading at $60.06. It is trading 2% lower on the weekly scale, but the decisive break above $60 seems to mark bullish momentum for Litecoin. The price is also moving above the 50,100,200-Day Moving Average. LTC/BTC 1-D chart on Bittrex The price of Bitcoin Cash (BCH) at 13 00 UTC on 24 March 2019 is trading at $166.62. It is trading 9.24% higher on the weekly scale. The 1-Day chart of Bitcoin Cash resembles the chart of Litecoin. Moreover, their utility and performance are also comparable. Hence, in a diverse cryptocurrency market coupling of these currencies is a possibility. Cardano’s ADA Out-Performs the Other Platforms The price of Cardano’s token (ADA) at 13 00 UTC on 24 March 2019 is trading at $0.062. It is trading 22% higher on the weekly scale. IOHK, the Hong-Kong parent organization behind Cardano announced the successful completion of its Byron Phase and has successfully moved to the Shelly phase. Despite stiff competition from other popular platforms like Ethereum, EOS, and Tron, Caradon continues to be in the top ten cryptocurrencies by market capitalization. Cardano Updates Roadmap Binance (BNB) Coin and Huobi Token (HT) The Exchange based token Binance (BNB) coin and Huobi Token (HT) have made significant progress since the beginning of the year 2019. These two are the most successful Exchange backed tokens. Nevertheless, BNB is ranked 7th while Huobi Token (HT) is ranked 50th w.r.t total market capitalization. The price of Binance (BNB) Coin at 13 00 UTC on 24 March 2019 is trading at $17.02. It is trading 7.64% higher on the weekly scale. The price of Huobi Token (HT) at 13 00 UTC on 24 March 2019 is trading at $2.52. It is trading 22% higher on the weekly scale. Some of the other notable action in altcoin market was observed in Basic Attention Token (BAT), Tezos (TZX), Zcash (ZEC), Augur (REP), Digibyte (DGB), Huobi Token (HT), Enjin Coin (ENJ), and OmiseGo (OMG). These tokens registered double-digit gains over the week. The rise in Tezos (TZX) was the highlight with a surge of almost 40% followed by Huobi Token (HT) and Digibyte (DBG). Do you think the accumulation in cryptocurrency has begun or downtrend is still possible? Please share your sentimental or technical analysis with us as well. The post Bitcoins’ (BTC) Sudden Movement Suggests a Dump, But ETH, EOS, LTC, BCH And BNB Takes Lead for Altseason appeared first on Coingape.
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